02/18/2022 | Announcement
Ironwood Capital Portfolio Company Uniloy, Inc. invests in Century Die Company, LLC
AVON, CONNECTICUT, February 18, 2022 – Ironwood Capital is pleased to announce that its portfolio company, Uniloy Inc., a leading blow molding machine and mold technology company serving the global plastics processing industry, has acquired Century Die Company, LLC (“Century”) of Fremont, Ohio. Century designs and fabricates a range of blow molds and provides a variety of ancillary mold services, machining tooling, repairs & refurbishment, inspection, and contract machining services.
“The acquisition of Century provides complementary and supplementary services to the base business which will improve production capabilities and expand production capacity with additional facilities as Uniloy aims to keep pace with its strong backlog,” noted Alex Levental, partner at Ironwood Capital. Paul Witinski, managing director at Ironwood Capital added, “The acquisition is a win-win, as the expansion of capabilities and services will allow both companies to better serve the diverse blow molding needs of their respective customers.”
Uniloy President and CEO Brian Marston was quoted stating, “Century’s experience and manufacturing expertise in multiple blow molding mold technologies will further bolster our position as a leader in molds across the blow molding spectrum. That’s something no other blow molding technology company can claim. This is a win for the Century Die team, the Uniloy team, and most importantly, a big win for our customers! We can now offer customers a turnkey solution across all of our machine platforms with molds made in-house at Uniloy.”
About Ironwood Capital
Celebrating 20 Years of Middle Market Investing
Ironwood Capital provides non-control growth capital to middle market companies across the U.S. The Firm has invested more than $1 billion in over 100 companies since 2001 and currently invests subordinated debt and minority equity in amounts ranging from $10 million to $30 million. Ironwood’s investments support business owners and financial sponsors in growth financings, full and partial recapitalizations, generational transitions and buyouts. For more information, please visit: https://ironwoodcap.com/.
About Uniloy Inc.
Uniloy is a global leader in blow molding technologies and the only blow molding machine manufacturer to offer four unique blow molding technologies as well as blow molds and associated tooling. Uniloy’s core technologies include UR reciprocating screw series blow molding machines, industrial blow molding machines, UAI accumulator head, UCI parison transfer, UCS continuous extrusion shuttle, and UIB injection blow molding machines, as well as molds and mold repairs and refurbishments. Uniloy also offers the blow molding industry’s most comprehensive aftermarket service and support. Whether it’s parts, field service, or complete machine retrofits and rebuilds, Uniloy has a solution for you. Visit Uniloy at https://www.uniloy.com/
Media Contacts
Carolyn C. Galiette
Partner, President and
Chief Investment Officer
(860) 409-2105
Kimberly A. Craig
Vice President,
Investment Operations
(860) 409-2125
